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i'm not going to be convinced in the economy. it doesn't matter on unemployment. if wages are stagnant which they are... >> it's like 0.4%. like nothing. nothing. >> talk be seeing glass half full. >> these people, just look. health care working much better. >> so saying some signs are down. >> all right. next on the run down, brit hume. then, it's rocky mountain high once again. the denver post hires an editor to promote marijuana. we're coming right back. >> the establishment... >> the house of representative supz next year, every democrat in the house is going to be dealing with the president's situation it's a huge drag on the ticket. when the president of your party's approval ratings are tanking. and you're up for reelection. you've got a problem. >> do you believe the doctors are going to bail on this law because as i said i think that is going to make or break it. >> i think that the doctors will some of the doctors will bail. a large number of people. look at it this way, bill. here is progression. first, people couldn't get on the web site b same time th
i'm not going to be convinced in the economy. it doesn't matter on unemployment. if wages are stagnant which they are... >> it's like 0.4%. like nothing. nothing. >> talk be seeing glass half full. >> these people, just look. health care working much better. >> so saying some signs are down. >> all right. next on the run down, brit hume. then, it's rocky mountain high once again. the denver post hires an editor to promote marijuana. we're coming right back....
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salaries have to be based on the economy and what the economy in the area can bear. >> reporter: organizers say they are planning more protests in the future. danielle nottingham, cbs news, washington. >> well, the stars sure came out last night in rockefeller center. the christmas tree is now in place. mayor michael bloomberg turned on the lights that illuminated a dazzling display of 45,000 multicolored led lights. it's a 76-foot spruce tree from connecticut. it is part of a ceremony that dates back to 1933. this tree you see here will be on display till january 7. afterward it is will be milled into lumber and it will be donated to habitat for humanity. >>> the holiday decorations are up inside the white house. first lady michele obama helped usher in the christmas season with the help of members of the military. but the event will be remembered by some for the behavior of the first pooches. beau and sonny. sonny encountered 2-year-old crystyn at the ceremony. she was fine. her parents took in in stride. >> he hit me and bumped me. >> she is fine. she is an alabama-text girl. alabama dad
salaries have to be based on the economy and what the economy in the area can bear. >> reporter: organizers say they are planning more protests in the future. danielle nottingham, cbs news, washington. >> well, the stars sure came out last night in rockefeller center. the christmas tree is now in place. mayor michael bloomberg turned on the lights that illuminated a dazzling display of 45,000 multicolored led lights. it's a 76-foot spruce tree from connecticut. it is part of a...
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> president obama will be joining me on the "hardball" college tour tomorrow. and if you have any questions for him, just go to the "hardball" page on msnbc.com. smi submit your proposed question on the comment section. and we'll be right back. every day we're working to be an even better company - and to keep our commitments. and we've made a big commitment to america. bp supports nearly 250,000 jobs here. through all of our energy operations, we invest more in the u.s. than any other place in the world. in fact, we've invested over $55 billion here in the last five years - making bp america's largest energy investor. our commitment has never been stronger. >>> if you still don't like obama care, and i know you don't
rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> president obama will be joining me on the "hardball" college tour tomorrow. and if you have any questions for him, just go to the...
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Dec 7, 2013
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the economy gained 200,000 new positions last month. >>> in mexico startling new developments about a cargo of stolen radioactive material. they havthey have arrested two . they are being treated for raid radiation poisoning. poisoning. ♪ ♪ >>> as the word continues to mourn the loss of nelson mandela, stories are emerging of how america was crucial in the fight against racial segregation. consider this what was america's role in helping break the power of apartheid ove overseas the secretary for african a affairs will join us. >>> new york's mayor elects one of the biggest supporters to head the nypd. >>> a new wave of violence hit bebengazi. >> what would it be like to live on a floating ship in the middle of the ocean. >>> welcome to "consider this". we begin with the celebration of the life and legacy of nelson mandemandela. a ten-day mourning period began in south africa where mandela ercheddeendended the wave of ap. >>> mamandela's fellow lauret sd the sun will rise tomorrow and the next day and the next. it may not appear as bright today but life will carry on. joining me n
the economy gained 200,000 new positions last month. >>> in mexico startling new developments about a cargo of stolen radioactive material. they havthey have arrested two . they are being treated for raid radiation poisoning. poisoning. ♪ ♪ >>> as the word continues to mourn the loss of nelson mandela, stories are emerging of how america was crucial in the fight against racial segregation. consider this what was america's role in helping break the power of apartheid ove...
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is the better cure to improve the economy in general. you have to remember in the past 20 years or so. we hiked the minimum wage ten times federally. and since 1956 it was done five times. and we looked at businesses. i immediately looked at 15 year stock charts. i picked mcdonalds. and we look at stocks and how they perform. they inform people at minimum wages and both of their stocks hit all- time highs and that is since they were publicly traded since the 80s. and minimum wage hurts people. people say costs go up and the prices get more expensive. and the dollar menu goes away. and then the supporters. believe it or not costco was supportive of raising minimum wage but not to $15. >> it is a bug jump from $8 to faep. >> and especially for the small business. >> john boehner was talking about it this woke. he believes what? if you raise the unemployment minum wage. >> you get less jobs and fewer jobs, exactly. and that has been more of a conservative view point. but there are conservatives, and the state of new jersey run by chris chri
is the better cure to improve the economy in general. you have to remember in the past 20 years or so. we hiked the minimum wage ten times federally. and since 1956 it was done five times. and we looked at businesses. i immediately looked at 15 year stock charts. i picked mcdonalds. and we look at stocks and how they perform. they inform people at minimum wages and both of their stocks hit all- time highs and that is since they were publicly traded since the 80s. and minimum wage hurts people....
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the nature of the economy looks like a republican economy, in so far as it is a very unequal one. >> the inequality causes low economic growth. you can't get job growth with these levels of poverty. you can't have the jobs that invest in health care, the tax breaks are given to the rich -- >> you have a lot less productive -- productive consumption, essentially, the money points back to the economy. >> you don't have demand because people don't have jobs or they're working at low wage work. so you don't have the demand that would spark business investment. >> and the president today i think was making this very practical case, which was interesting, he kept saying it is not ideological, this is actually the thing that is not working. i think that pragmatic argument has been a rising argument in the last few years. >> oh, no, there has been speculation on the right wing, the left wing, the data is out, it is correlated with sluggish growth. that some of the most equal societies in the world actually have the highest economic growth and the more emphasis on education. we taught the nat
the nature of the economy looks like a republican economy, in so far as it is a very unequal one. >> the inequality causes low economic growth. you can't get job growth with these levels of poverty. you can't have the jobs that invest in health care, the tax breaks are given to the rich -- >> you have a lot less productive -- productive consumption, essentially, the money points back to the economy. >> you don't have demand because people don't have jobs or they're working at...
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economy and your 401(k), a key checkup shows the economy growing at a quicker pace than expected. you'd that that would send stocks soaring but that's not necessarily the case. zain asher joining us from the new york stock exchange. start with the key economic report that came out today. how much growth are we talking about? >> reporter: third quarter gdp coming in at 3.6%. certainly a good headline number and the biggest growth we've seen since the first quarter of 2012. part of the reason for this is seeing a bigger boost in inventories, bigger buildup in inventorie inventories. you'll see consumer spending is weak. but if you remove inventories from the data, gdp third quarter actually would have come in at 1.9%. not necessarily that impressive. how far, the headline number's getting stronger. if you compare it to what we've seen this year, the first three months of the year, 1.1%, last quarter 2.5%, and also this number is certainly in line with stronger economic reports we've seen just this week from the car industry, and also housing and jobless claims as well. >> very encou
economy and your 401(k), a key checkup shows the economy growing at a quicker pace than expected. you'd that that would send stocks soaring but that's not necessarily the case. zain asher joining us from the new york stock exchange. start with the key economic report that came out today. how much growth are we talking about? >> reporter: third quarter gdp coming in at 3.6%. certainly a good headline number and the biggest growth we've seen since the first quarter of 2012. part of the...
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economy this, is the system settled on. at least privately, late in the evening. considering what the president said just this afternoon. >> bottom line is that law is working and will into future. >> senior fellow and author this is unbelievable. this is, so, had this is is from the report. they'll submit that to the government. once built, government and insurers can reconcile the payment to true up payments. oh, joy. so it's basically on honor system? >> basic thing to understand is that it's not a bail out of insurers but president. two weeks ago we heard from one of the top it officials is that system to pay insurers hadn't been built yet. >> 30% has not been built. we talked about what part is that? so now, they're saying how are insurance going to get paid? this is the solution? >> we're going to trust the insurance companies to say i think you owe me x amount? >> what is the alternative? if insurers don't get paid that way. they'll withdraw from markets. >> the only way we can keep insurers in the market is pay them in advance. >> when it's a person succes
economy this, is the system settled on. at least privately, late in the evening. considering what the president said just this afternoon. >> bottom line is that law is working and will into future. >> senior fellow and author this is unbelievable. this is, so, had this is is from the report. they'll submit that to the government. once built, government and insurers can reconcile the payment to true up payments. oh, joy. so it's basically on honor system? >> basic thing to...
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economy of a company like boeing making great planes. and they do make great planes. they make the best planes in the world. they have the best aircraft workers in the world in washington. they wanted to re-negotiate a labor contract a couple years ahead of its expiration. the state of washington was willing to give $9 billion in tax incentives, the largest in the history of the state by far to keep boeing there. and it's not like boeing is in debt. $4 billion in profits last year. good stock price, all of those orders as you indicate, and what i see this becoming, unfortunately, is a race to the bottom. and that's not a race that we want our workers to be in. that's not ultimately a race that's going to be good for the u.s. economy. >> doesn't question come up about boeing's quality because the work force is there in seattle, all of the infrastructure, when i say infrastructure, i'm talking about all of the guts that are put together to put an aircraft like this together. this is going to have to be major facility construction in these other states that simply can't
economy of a company like boeing making great planes. and they do make great planes. they make the best planes in the world. they have the best aircraft workers in the world in washington. they wanted to re-negotiate a labor contract a couple years ahead of its expiration. the state of washington was willing to give $9 billion in tax incentives, the largest in the history of the state by far to keep boeing there. and it's not like boeing is in debt. $4 billion in profits last year. good stock...
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it seems like the economy might be on the uptick here. we might have a chance for historic deal in iran. i mean, there are things out there that could turn good for him. but i will be the first to tell you the last couple of months will be be for the president. the president tough period. no doubt about that. >> i'm not going to be convinced on the economy until doesn't matter 7.1 or 7 or 8.2 unemployment. if the wages are stagnating going down, which they're. okay. i mean that's a sign of the economy. >> pressure on the last numbers. i don't know if it will stay. >> not on wages. like 0.4%. it was nothing. nothing. >> something. >> talking about seeing a glass half full, carville, come on. these people are getting pounded, man. can't make any money. >> look, the health care thing is working better. i would say even much better. the economy is showing some signs of improvement. >> all right. so you say. >> some signs are there. >> james carville, everybody. next on the rundown, brit hume sees it a bit differently. he will analyze the pres
it seems like the economy might be on the uptick here. we might have a chance for historic deal in iran. i mean, there are things out there that could turn good for him. but i will be the first to tell you the last couple of months will be be for the president. the president tough period. no doubt about that. >> i'm not going to be convinced on the economy until doesn't matter 7.1 or 7 or 8.2 unemployment. if the wages are stagnating going down, which they're. okay. i mean that's a sign...
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they only care with foreign policy as it connects to the economy. if anything, her time at state will benefit her. if you can picture her on the debate stage with chris christie, who doesn't have any foreign policy experience. if you look at it that way, i think it only benefits her. i think benghazi is not going to define her legacy long term. >> speaking of benghazi, there's something we need to compare, the two secretaries of state that preceded her, you find they had several ben gazdyes and it's worth noting there were 13 throughout bush's tenure. the other thing that's important, if you want something to not have a benghazi like debacle you have to fund embassy security. i would never describe hillary as cautious. she was the most traveled first lady in history. even surpassing nixon's wife and i think she is hardly cautious. >> i actually think she does take less of a risky approach and did during her term as secretary of state than john kerry. i think that more cautious approach does typify her approach in politics. if we want to look at this
they only care with foreign policy as it connects to the economy. if anything, her time at state will benefit her. if you can picture her on the debate stage with chris christie, who doesn't have any foreign policy experience. if you look at it that way, i think it only benefits her. i think benghazi is not going to define her legacy long term. >> speaking of benghazi, there's something we need to compare, the two secretaries of state that preceded her, you find they had several ben...
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the economy is improving. at the same time, you -- you have a series of, again, fiscal coming up between the president and congress. those have not gone well. team see ent and his those as opportunities again to sharpen the difference between what he's trying to do for the and what republicans in their words are impeding. opportunity for obama to regain approval rating, some trustworthiness. some competence, perception of competence among the public. there's a rosy scenario. a lot between now and then has fixed. if the white house will have to rebrand, by the way, to get the to getollout of the plan going again. >> you talk about sharpening the difference. asks, does the president have any relationships r friendships with members of congress. obama many -- president looks to senator durbin as an ally. ancy pelosi, they think highly of. harry reid, they think highly of. i wouldn't call those personal but it's a fairly shallow relationship in general and evenhe white house democratic leaders in congress. >> taki
the economy is improving. at the same time, you -- you have a series of, again, fiscal coming up between the president and congress. those have not gone well. team see ent and his those as opportunities again to sharpen the difference between what he's trying to do for the and what republicans in their words are impeding. opportunity for obama to regain approval rating, some trustworthiness. some competence, perception of competence among the public. there's a rosy scenario. a lot between now...
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is the president and federal government helping the economy? we'll have no-spin analysis of the president's statement. ♪ >>> 'tis the season to be jolly, but not for some atheists. a huge billboard in new york city's times square attacking americans who believe, but why? >> sit down and shut up, you idiot, and let me answer the question, and if you don't like it, stop acting like an
is the president and federal government helping the economy? we'll have no-spin analysis of the president's statement. ♪ >>> 'tis the season to be jolly, but not for some atheists. a huge billboard in new york city's times square attacking americans who believe, but why? >> sit down and shut up, you idiot, and let me answer the question, and if you don't like it, stop acting like an
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economy, and this is the system they have now settled on, privately, late in the evening. and then consider what the president said just this afternoon. >> the bottom line is, this law is working and will work into the future. >> senior fellow at the manhattan institute, national review columnist and how medicaid fails the poor. this is unbelievable. i mean, this is from the reuters report an hour ago. health plans will estimate how much they're owed. and then they will submit that estimate to the government. once the system is built, the government and insurers can reconcile the payments made with the planned data to true up the payments. oh, joy, so it is basically an honor system if i'm reading this correctly. >> well, the basic thing to understand is it is not a bailout of the insurers, but a bailout of the president. because two weeks ago we heard from one of the top operators of the system, is that it hadn't even been built yet. >> 30 to 40% of healthcare.gov has not been built yet, we said exactly what part of it is that? and they revealed it is the payment mechanis
economy, and this is the system they have now settled on, privately, late in the evening. and then consider what the president said just this afternoon. >> the bottom line is, this law is working and will work into the future. >> senior fellow at the manhattan institute, national review columnist and how medicaid fails the poor. this is unbelievable. i mean, this is from the reuters report an hour ago. health plans will estimate how much they're owed. and then they will submit that...
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yesterday, a fifth day in a row on concerns the government may soon begin to taper its stimulus of the economy. it's been its longest losing streak since september but the markets are waiting on today's jobs report due out at 8:30. checking the numbers for you the dow dropped 68 points closing at 15,821. the s&p 500 was down by almost 8 points. the nasdaq was off by about 5. >>> microsoft says it will beep you security to pre-- beef up security to prevent government snooping. the agency was intercepting traffic. microsoft fears the nsa may have broken into their global communication links as well. "the shington post" reports that microsoft plans to encrypt the data flowing through all of its communication, productivity and other scheses. google andrea -- services. google and yahoo plan to do the same thing. >>> attending college is not getting any cheaper. according to a new report by the institute for college access and success, itself average debt for the -- average debt for the class of 2012 is more than $29,000. that sup 10% from the year before and it's worse around our neck of the woods.
yesterday, a fifth day in a row on concerns the government may soon begin to taper its stimulus of the economy. it's been its longest losing streak since september but the markets are waiting on today's jobs report due out at 8:30. checking the numbers for you the dow dropped 68 points closing at 15,821. the s&p 500 was down by almost 8 points. the nasdaq was off by about 5. >>> microsoft says it will beep you security to pre-- beef up security to prevent government snooping. the...
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economy and right now with today's gain, 39th record close of the year. an average that is now on pace for 27% gain year to date. so not too shabby. meanwhile, the budget deadline is nearing and it's looking like any plan to attack the nation's debt is dead on arrival. everytime i have you here, you make a lot of sense. both sides, come on, guy, talk the talk and walk it, and they don't. what's the problem. >> it's interesting. they're actually beginning to hear us. you have a small budget agreement that is looming. >> what do you mean? >> very tiny. but they're understanding they cannot go back to the fiscal crisis. we cannot get ourselves in that position and they're feeling the pressure. >> so if they avoid that but they come through with no broad budget agreement on entitlements and kick that can down the road. for a guy looking at long-term getting our act together, get to to be disconcerting. >> absolutely is. we have to take small steps and hey have to demands of ourselves, not of them, but of our ourselves, don't accept the politics of blame and p
economy and right now with today's gain, 39th record close of the year. an average that is now on pace for 27% gain year to date. so not too shabby. meanwhile, the budget deadline is nearing and it's looking like any plan to attack the nation's debt is dead on arrival. everytime i have you here, you make a lot of sense. both sides, come on, guy, talk the talk and walk it, and they don't. what's the problem. >> it's interesting. they're actually beginning to hear us. you have a small...
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wage increase and they spend that money and put it right back into the economy. those are the workers that eat at the establishments they work at. you might think of walmart wokkers buying more goods at walmart so this is a form of economic stimulus, but aside from the economic argument, chris, when half of all american workers make $27,000 or less that is unsustainable for our economy. it's unsustainable for creating a broad, middle class and it's a moral issue as well as an economic issue. >> kendall who is organizing this today was on my program a couple of days ago and he talked about the fact that it was a moral imperative and we heard about it yesterday who was facing a loss of pension, but he sees these issues in those same kind of moral terms and here's something else that kendall fell said to me earlier this week. >> the thing is they work for some of the richest corporations in the world. mcdonald's made about $5.5 billion in profit and that's after they pay all of the bills and pay all of the salaries and these workers, a lot of them are living in home
wage increase and they spend that money and put it right back into the economy. those are the workers that eat at the establishments they work at. you might think of walmart wokkers buying more goods at walmart so this is a form of economic stimulus, but aside from the economic argument, chris, when half of all american workers make $27,000 or less that is unsustainable for our economy. it's unsustainable for creating a broad, middle class and it's a moral issue as well as an economic issue....
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health care is about 7% of the economy. when you include health care insurance and all the other aspects, it increases by a large portion. this is about gvernment control. this, again, gets back to the same issue of the federal government knowing better for you and your family an you know for yourself. >> okay. i get that. but not only are they knowing what's good for us, but now they know everything -- the nsa, you know. and now you've got the health care. they know who has this infection and that -- what's happening? >> far too much information. we need the federal government out of the way. we need the federal government -- >> are we too far gone? >> no, we are not. that's what you're seeing. you're seeing the american people stand up. 52% now say obama care should be repealed or replaced. i'm all for that. let's move forward with a real plan of action for health care reform. let's delay this whole thing. big business has a delay now. you know that small business has a delay. individuals -- >> we're not going to start on
health care is about 7% of the economy. when you include health care insurance and all the other aspects, it increases by a large portion. this is about gvernment control. this, again, gets back to the same issue of the federal government knowing better for you and your family an you know for yourself. >> okay. i get that. but not only are they knowing what's good for us, but now they know everything -- the nsa, you know. and now you've got the health care. they know who has this...
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the economy has added an average of 202,000 jobs a month from august to october. the unemployment level stands at 7.3%. indications that the fed may cut back its economic stimulus sent stocks lower on wall street. the dow jones industrial average lost 68 points, its fifth straight day of decline. the nasdaq fell four points. asian markets were cautious ahead of the u.s. jobs report. tokyo's nikkei gained nearly 1% and hong kong's hang seng added nearly a fraction. general motors is pulling most of its brand from europe. it will end by 2016. gm says it will concentrate its european efforts on its european made opal brand. they'll offer the corvette throughout europe. >>> and fast food workers demonstrated for higher wages yesterday. protests and work stoppages were held across the country. the effort to raise the minimum wage to $16 an hour began about a year ago led by the service employees international union. >>> and when a tennessee couple ordered breakfast at mcdonald's, they got bucks instead. greg and stacy terry found three bags filled with money. it turned
the economy has added an average of 202,000 jobs a month from august to october. the unemployment level stands at 7.3%. indications that the fed may cut back its economic stimulus sent stocks lower on wall street. the dow jones industrial average lost 68 points, its fifth straight day of decline. the nasdaq fell four points. asian markets were cautious ahead of the u.s. jobs report. tokyo's nikkei gained nearly 1% and hong kong's hang seng added nearly a fraction. general motors is pulling most...
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there is a lot of debate in general about how it will affect the economy. on the one hand you have fast food workers walking out across the country out of this wendy's here at 11:30 saying they need a raise in their minimum wage to $15 an hour from 7.25. if they were making 7.25 $ and working full time, that is about $15,000 a year. here in new york minimum wage is $8.90, but they are not able to get the full time work. they are capping out at about 35 hours a week. they say $15 is a living wage for them. you have the corporations. that's a non-starter. they will never get a raise like that. it will get passed down to the consumer in terms of higher prices for food. there no hard estimates, but some say the price of a duringer could go from $3 to $3.50. labor economists say that is not that big of a deal for a hamburger. they will pay less for welfare and fast food workers use about $7 billion in welfare and say ultimately if they are making more money, they won't need as much and you will not pay into that system. luke? >> live from brooklyn, thanks for jo
there is a lot of debate in general about how it will affect the economy. on the one hand you have fast food workers walking out across the country out of this wendy's here at 11:30 saying they need a raise in their minimum wage to $15 an hour from 7.25. if they were making 7.25 $ and working full time, that is about $15,000 a year. here in new york minimum wage is $8.90, but they are not able to get the full time work. they are capping out at about 35 hours a week. they say $15 is a living...
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it was enough obama to change the entire health care system to damage the entire economy and now 5% is a diminimus figure to him. 80% of the website is working. 5% is no big deal. >> 90%. but that aside, do you know how much jeff bezos would have played to have amazon working at a 9 of 10 success rate. >> he would have with given anything. >> any website that starts off will have trouble. >> after three yearsnd $600 million to get it going? this is outrageous. >> still having trouble. >> by the way, jeff bezos wasn't responsible for damaging -- >> nobody asked you about -- >> and forced. >> let me say something to the 5 million. it's not 5 million individual people. these are families. >> wait, wait. >> that 5% number the president is another lie. when you look at the numbers they knew in july of 2010 they knew it would be a substantial part of the market up to 80%. 60% of small businesses and 45% of large businesses. >> argued it in federal court and andy mccarthy argued the admission in a brief. they deliberately misled people. this was never about getting people better health care.
it was enough obama to change the entire health care system to damage the entire economy and now 5% is a diminimus figure to him. 80% of the website is working. 5% is no big deal. >> 90%. but that aside, do you know how much jeff bezos would have played to have amazon working at a 9 of 10 success rate. >> he would have with given anything. >> any website that starts off will have trouble. >> after three yearsnd $600 million to get it going? this is outrageous. >>...
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we'll discuss his pivot from the health care to the economy. and we will talk with new york attorney general eric schneiderman on the multi-million dollar crackdown of jpmorgan and the future of too big to fail. all that when "now" starts right after this. your family the very best in taste, freshness, and nutrition? it's eb. want to give them more vitamins, omega 3s, and less saturated fat? it's eb. eggland's best eggs. eb's. the only eggs that make better taste and better nutrition... easy. eggland's best eggs. better taste. better nutrition. better eggs. it's eb. where does the united states get most of its energy? is it africa? the middle east? canada? or the u.s.? the answer is... the u.s. ♪ most of america's energy comes from right here at home. take the energy quiz. energy lives here. >>> how much longer can fast-food ceos hold the line at $7.25? it's thursday december 5th and this is "now." from houston to kansas city, from chicago to indianapolis, memphis to charlotte, pittsburgh to boston and on over to new york city. fast-food work
we'll discuss his pivot from the health care to the economy. and we will talk with new york attorney general eric schneiderman on the multi-million dollar crackdown of jpmorgan and the future of too big to fail. all that when "now" starts right after this. your family the very best in taste, freshness, and nutrition? it's eb. want to give them more vitamins, omega 3s, and less saturated fat? it's eb. eggland's best eggs. eb's. the only eggs that make better taste and better...
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it is not a great economy. we're still coming out of a deep downturn. the reason people don't feel that confidence is because we haven't had that much growth. >> i want to give you the final word will. >> where does it go for november? it gives you grid lock. whether you point fingers at shutdowns or regulations, it is what's going on in washington. every time they tie themselves in knots we get a chance at recovery. >> are you being facetious a little bit? >> there is a lot of truth to that. we haven't seen any new bad news and the economy recovers. >> all right. now i get you. thank you both so much. have a great weekend. >>> next, an american teacher gunned down in benghazi, libya. what was he doing? we'll talk to a close friend. then, what has everyone so worked but that the sound of music live? plus, a plane versus 50-mile-per-hour wind gusts. every day we're working to be an even better company - and to keep our commitments. and we've made a big commitment to america. bp supports nearly 250,000 jobs here. through all of our energy operations, we i
it is not a great economy. we're still coming out of a deep downturn. the reason people don't feel that confidence is because we haven't had that much growth. >> i want to give you the final word will. >> where does it go for november? it gives you grid lock. whether you point fingers at shutdowns or regulations, it is what's going on in washington. every time they tie themselves in knots we get a chance at recovery. >> are you being facetious a little bit? >> there is a...
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the white house obviously these numbers are proof the economy is getting better. critics warn low unemployment means the federal government may cut back on economic stimulus which could force the stock market to take a hit. chris wallace is live on capitol hill, celebrating a milestone. chris has been doing "fox knossos" for ten years. hart to believe. we have been stuck with you for ten years. >> i hope it's not stuck. we're going to have a little piece at the end of the show on sunday, taking a look bat at the highlights and lowlights of the last ten years. i'm sure you feel this, shep, with your show. just amazing over the course of a decade who you get to talk to, where you get to go. the adventures you go on, and i'm so grateful to have had the opportunity. >> tell me the lowlights. >> you probably know most of those as well. you'll see them. the good, the bad, and some surprises along the way. >> what do you make of this business on current topics? >> well, you mean in terms of the unemployment rate? >> yes. >> you're exactly right. it's great news. 7%. 203,
the white house obviously these numbers are proof the economy is getting better. critics warn low unemployment means the federal government may cut back on economic stimulus which could force the stock market to take a hit. chris wallace is live on capitol hill, celebrating a milestone. chris has been doing "fox knossos" for ten years. hart to believe. we have been stuck with you for ten years. >> i hope it's not stuck. we're going to have a little piece at the end of the show...
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economy grew faster than expected in the third quarter and that's some good news. jobless claims are down, layoffs slow and unfortunately as we head to the holidays, a lot people end up losing their jobs and it may not be as bad as we have seen in past years. we will keep an on eye things. >> thank you for joining us on the morning ktvu channel 2 morning news news. >> i am pam cook, let's check with steve paulson on the forecast. cold, cold forecast. >>> 11 degrees and napa has set a record already, the one coming in 30 degrees oakland tied at 35, livermore does not look like they will set a record, and walnut creek, west of let loom, a lot of 30s and it is bitterly cold out there. tomorrow it will be cold, records there has been a bun 15 set. very low 50s, here is sal. >>> we do have some slow traffic out there and i want to mention we have a crash on whipple which is blocking lanes and traffic is backed all the way to san leandro so please give yourself extra time and it will be slow as you drive through. southbound 101, let's go show you live picture and this mo
economy grew faster than expected in the third quarter and that's some good news. jobless claims are down, layoffs slow and unfortunately as we head to the holidays, a lot people end up losing their jobs and it may not be as bad as we have seen in past years. we will keep an on eye things. >> thank you for joining us on the morning ktvu channel 2 morning news news. >> i am pam cook, let's check with steve paulson on the forecast. cold, cold forecast. >>> 11 degrees and napa...
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only ford gives you ecoboost fuel economy and a whole lot more. go further. and our giant idaho potato truck is still missing. so my dog and i we're going to go find it. it's out there somewhere spreading the good word about idaho potatoes and raising money for meals on wheels. but we'd really like our truck back, so if you see it, let us know, would you? thanks. what? >>> "washington post" is reporting this morning that the nsa is tracking hundreds of millions of cell phones worldwide, and it actually could be yours as well. paper is reporting that the spy agency stores 5 billion records every day. 5 billion, with a b, records, every day on phone users' movements and their contacts. the post cited unnamed u.s. officials and documents leaked by none other than former nsa contractor edward snowden. pentagon correspondent barbara starr joins me now. every time i tell a story like this, they're becoming very repetitive, nsa is tracking your every move stories. this is not one of those stories, is it? >> reporter: well, they are tracking your moves. >> this is bi
only ford gives you ecoboost fuel economy and a whole lot more. go further. and our giant idaho potato truck is still missing. so my dog and i we're going to go find it. it's out there somewhere spreading the good word about idaho potatoes and raising money for meals on wheels. but we'd really like our truck back, so if you see it, let us know, would you? thanks. what? >>> "washington post" is reporting this morning that the nsa is tracking hundreds of millions of cell phones...
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economy. yes, the economic figures were good, claims for jobs were down, but what worries investors quantitative easing might be backed off, they get nervous. good figures, dow goes down. >> call your investor today. >> someone who knows about these, zain asher at the new york stock exchange. you've been watching a train of wealthy chinese people buying up real estate. >> absolutely. so, yeah, chinese nationals buying up american real estate. 18% of all new home purchases made by foreigners came from chinese nationals. part of the reason, economic growth rates in china. know they've slowed in recent years, they are still impressive by world standards. last year 7.8%, china's the world's second largest economy look at the exchange rates, chinese yuan strengthening, chinese can get more for their money when they inrest in the united states. 70% of chinese nationals that invest in american homes make all cash purchases and not only that, they're buying more expense everybody properties. they're s
economy. yes, the economic figures were good, claims for jobs were down, but what worries investors quantitative easing might be backed off, they get nervous. good figures, dow goes down. >> call your investor today. >> someone who knows about these, zain asher at the new york stock exchange. you've been watching a train of wealthy chinese people buying up real estate. >> absolutely. so, yeah, chinese nationals buying up american real estate. 18% of all new home purchases made...
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. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. i'm bethand i'm michelle. and we own the paper cottage. it's a stationery and gifts store. anything we purchase for the paper cottage goes on our ink card. so you can manage your business expenses and access them online instantly with the game changing app from ink. we didn't get into business to spend time managing receipts, that's why we have ink. we like being in business because we like being creative, we like interacting with people. so you have time to focus on the things you love. ink from chase. so you can. where their electricity comes from. they flip the switch-- and the light comes on. it's our job to make sure that it does. using natural gas this power plant can produce enough energy for about 600,000 homes. generating electricity that's cleaner and reliable, with fewer emissions-- it matters. ♪ you can fill that box and pay one flat rate. i didn't know the coal thing was real. it's very real... david rivera. rivera, david. [ male announ
. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. i'm bethand i'm michelle. and we own the paper cottage. it's a stationery and gifts store. anything we purchase for the paper cottage goes on our ink card. so you can manage your business expenses and access them online instantly with the game changing app from ink. we didn't get into business to spend time managing receipts, that's why we have ink. we like being in...
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. >> this killing health benefits is shattering the economy all across the country, in all 50 states. >> of course there are death panels in there. the important thing to remember is that's just one aspect of this atrocious, unaffordable, cumbersome, burdensome, evil policy of obama's. and that is obama care. >> obama care is really, i think, the worst thing that has happened in this nation since slavery. and it is in a way, it is slavery in a way. >> howard, is this the evil empire speech reapplied to obama care? i mean, i've never heard the word evil used to many times. i love the way sarah palin is unbelievably delicious at this. she talks about and those death panels are in there. i love the way she says the death panels are in there somewhere. like they're creeping around inside. >> i mean, sam very rightly and logically said these people should stop because the president said, repeated today, and reminded them that he's going to be in office. he can veto anything. so they ought to calm down. but the fact is when you watch a few of those clips and when you talk to people in the m
. >> this killing health benefits is shattering the economy all across the country, in all 50 states. >> of course there are death panels in there. the important thing to remember is that's just one aspect of this atrocious, unaffordable, cumbersome, burdensome, evil policy of obama's. and that is obama care. >> obama care is really, i think, the worst thing that has happened in this nation since slavery. and it is in a way, it is slavery in a way. >> howard, is this the...
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let's give every american a fighting chance in today's economy. all right. thank you so much, everybody. god bless you. [applause] [captions copyright national cable satellite corp. 2013] [captioning performed by national captioning institute] [cheers and applause]
let's give every american a fighting chance in today's economy. all right. thank you so much, everybody. god bless you. [applause] [captions copyright national cable satellite corp. 2013] [captioning performed by national captioning institute] [cheers and applause]
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. losing thrusters. i need more power. give me more power! [ mainframe ] located. ge deep-sea fuel technology. a 50,000-pound, ingeniously wired machine that optimizes raw data to help safely discover and maximize resources in extreme conditions. our current situation seems rather extreme. why can't we maximize our... ready. ♪ brilliant. let's get out of here. warp speed. ♪ a body at rest tends to stay at rest... while a body in motion tends to stay in motion. staying active can actually ease arthritis symptoms. but if you have arthritis, staying active can be difficult. prescription celebrex can help relieve arthritis pain so your body can stay in motion. because just one 200mg celebrex a day can provide 24 hour reli
rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. losing thrusters. i need more power. give me more power! [ mainframe ] located. ge deep-sea fuel technology. a 50,000-pound, ingeniously wired machine that...
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>> our training is still based in the economy. pharmaceutical companies give us tremendous amounts of information on promoting their pills. and we were taught in a classic sense that for one disease there is a pill. so if you get a health headache, there is a headache pill. if you have an upset stomach, there is an upset stomach case. that's simply not the case. we know it scientifically. everything should be a symphony approach. we have gotten to look at the 25th letter of the alphabet, "why"? looking for that why does not mean a single pill. we have become a pill factory. last year we killed over 100,000 giving medications. that's more than we lost in vietnam. martha: people have medications they take on a regular basis. they say i can't just stop taking this. my doctor will be mad at me if i tell him i saw this on tv and i want to stop take it. what do you advise him? >> i advise him not to get my lawyer's number. but they do need to have a conversation with their physician and no longer be the child. so they need to be able to
>> our training is still based in the economy. pharmaceutical companies give us tremendous amounts of information on promoting their pills. and we were taught in a classic sense that for one disease there is a pill. so if you get a health headache, there is a headache pill. if you have an upset stomach, there is an upset stomach case. that's simply not the case. we know it scientifically. everything should be a symphony approach. we have gotten to look at the 25th letter of the alphabet,...
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and, you know, so that is why i think there are some of them that are willing to actually hurt the economy. they feel like there needs to be a punishment for the country because it has sinned. >> i'm going to have to leave it there, ryan. thank you for your point. it was a good point. and thank you goldie for being on the show tonight. thank you, both. >>> coming up, the holidays are here and so is the right wing war on christmas. we'll show you why it's really about the culture wars. and a party afraid of change. the day we rescued riley was a truly amazing day. he was a matted mess in a small cage. so that was our first task, was getting him to wellness. without angie's list, i don't know if we could have found all the services we needed for our riley. from contractors and doctors to dog sitters and landscapers, you can find it all on angie's list. we found riley at the shelter, and found everything he needed at angie's list. join today at angieslist.com [ mthat if you wear a partial,w you're almos likely to lose your supporting teeth? try poligrip for partials. poligrip helps minimize s
and, you know, so that is why i think there are some of them that are willing to actually hurt the economy. they feel like there needs to be a punishment for the country because it has sinned. >> i'm going to have to leave it there, ryan. thank you for your point. it was a good point. and thank you goldie for being on the show tonight. thank you, both. >>> coming up, the holidays are here and so is the right wing war on christmas. we'll show you why it's really about the culture...
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salaries have to be based on the economy and what the economy in the area can bear. >> the national restaurant association says walk-outs like those planned for today are stunts staged by union-paid protesters and most industry employees are happy. >> we have plenty of opportunities for people to come in part time few hours and prove themselves and move up the ladder. >> reporter: but workers believe the fight for higher wages is the best opportunity for a better life. she plans to join the strike today and is not giving up on her $15 goal. >> when you sfit for something and you believe in it you're going to get it. >> reporter: nancy said she was paid to protest earlier this year but said organizers provided her that money to make up for a lost day of work. charlie, norah, gayle. >> terrell brown, thank you. >>> the white house sure goes all out for the holidays. first lady michelle obama unveiled the annual christmas decorations on wednesday and welcomed the children of military families for the party. the first family's newest edition, their dog sonny stole the spotlight. major garrett is a
salaries have to be based on the economy and what the economy in the area can bear. >> the national restaurant association says walk-outs like those planned for today are stunts staged by union-paid protesters and most industry employees are happy. >> we have plenty of opportunities for people to come in part time few hours and prove themselves and move up the ladder. >> reporter: but workers believe the fight for higher wages is the best opportunity for a better life. she...
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economy is heating up. according to the latest jobs report, 203,000 people found work in november, and the unemployment rate dropped sharply to 7%, the lowest level in five years. add to that the fact that the economy grew at a rate of 3.6% in the third quarter, faster than initially thought, and it's no wonder the white house wants more. >> no one who works on these issues in the administration is satisfied. >> reporter: but analysts warn this warming trend is leaving too many americans out in the cold. >> if you're wealthy, you're feeling it but if you're in the middle or on the lower end of the economic spectrum, you really aren't. >> reporter: just look at the numbers. while the economy has recovered millions of lost jobs since the great recession, nearly six in ten americans say things are still going badly in the country. that's because in this recovery, there are two americas. wall street is booming, ending the week on a strong note. even as fast food workers were marching in the streets for higher w
economy is heating up. according to the latest jobs report, 203,000 people found work in november, and the unemployment rate dropped sharply to 7%, the lowest level in five years. add to that the fact that the economy grew at a rate of 3.6% in the third quarter, faster than initially thought, and it's no wonder the white house wants more. >> no one who works on these issues in the administration is satisfied. >> reporter: but analysts warn this warming trend is leaving too many...
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. >> we got revised numbers on the economy and it looked great and still the dow is down today. i bottom line cavuto. -- i blame cavuto. if it's bad, it's cavuto. >> ca-ching, ca-ching, the new obamacare girl. winning a contest aimed at getting young people to sign up, telling them not to worry about the price tag. good thing she isn't because it's looking like the rest ofy . >> go ahead and sing it up but young people still ain't signing up, and as the new poll is any indication they won't be anytime soon. the polls finding only 22% of young people, the so-called
. >> we got revised numbers on the economy and it looked great and still the dow is down today. i bottom line cavuto. -- i blame cavuto. if it's bad, it's cavuto. >> ca-ching, ca-ching, the new obamacare girl. winning a contest aimed at getting young people to sign up, telling them not to worry about the price tag. good thing she isn't because it's looking like the rest ofy . >> go ahead and sing it up but young people still ain't signing up, and as the new poll is any...
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the economy is improving. at the same time, you have a series of fiscal debates coming up between the president and congress and those have not gone well. the president and his team see those as opportunities again to sharpen the difference between what he is trying to do for the country and what republicans and their words are impeding. that may be an opportunity for obama some approval ratings, perception of competence among the public there it it is a rosy scenario and there is a lot between now and then that has to get fixed. the white house will have to rebrand in a way. >> you talk about sharpening the difference between the white house. it is the president and administration having any real relationships and friendships with members of congress e >> not many third president obama will set his former partner in illinois as an ally. nancy pelosi, they think highly of. harry reid, they think highly of. i would not call them personal friendships. it is a fairly shallow relationship in general between the wh
the economy is improving. at the same time, you have a series of fiscal debates coming up between the president and congress and those have not gone well. the president and his team see those as opportunities again to sharpen the difference between what he is trying to do for the country and what republicans and their words are impeding. that may be an opportunity for obama some approval ratings, perception of competence among the public there it it is a rosy scenario and there is a lot between...
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. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. and our networks are getting crowded. but if congress, the fcc, and the administration free up... more licensed wireless spectrum, we can empower more... people to innovate, create new technologies and jobs... and strengthen the economy. america is the world's leader in wireless. let's keep it that way. free up licensed spectrum today, so wireless... can do more for america tomorrow. so when my moderate to severe chronic plaque psoriasis them. was also on display, i'd had it. i finally had a serious talk with my dermatologist. this time, he prescribed humira-adalimumab. humira helps to clear the surface of my skin by actually working inside my body. in clinical trials, most adults with moderate to severe plaque psoriasis saw 75% skin clearance. and the majority of people were clear or almost clear in just 4 months. humira can lower your ability to fight infections, including tuberculosis. serious, sometimes fatal events, such as infections, lymphoma,
. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. and our networks are getting crowded. but if congress, the fcc, and the administration free up... more licensed wireless spectrum, we can empower more... people to innovate, create new technologies and jobs... and strengthen the economy. america is the world's leader in wireless. let's keep it that way. free up licensed spectrum today, so wireless... can do more for...
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when you were mentioning obama care and other domestic issues do you think the problems of a tough economy here at home is one reason why americans are fed up with the lack of real progress about solving our domestic challenges? is that why people are turning away from supporting major foreign policy move right now? simple i think that's part of it. i think the bigger thing is the disappointment and the deception on the part of this president as well as the administration and the democrat leaders, quite frankly, in washington, d.c. and particularly in one of the studies that was a harvard institute of politics study, also, that showed that even millenials have done a 180-degree flip-flop. a majority of millenials voted for president obama and now a majority of millenials do not like obama care and what's also scary is that they believe he should be removed from office. i have to explain to a 23-year-old young man yesterday on my radio show, it's not as easy as it seems because of democrat-control of the senate. i think a lot of the desipgs that this administration has done on the american
when you were mentioning obama care and other domestic issues do you think the problems of a tough economy here at home is one reason why americans are fed up with the lack of real progress about solving our domestic challenges? is that why people are turning away from supporting major foreign policy move right now? simple i think that's part of it. i think the bigger thing is the disappointment and the deception on the part of this president as well as the administration and the democrat...
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economy. we believe, like many that the economy could have slid into depression. jenna: do you think consumers come to you because of that? >> oh, my gosh. they're so proud of ford, not only did we invest in new cars and trucks they wanted value and did it our way and didn't take precious taxpayer money. jenna: you have a lot of respect in industry overall. i don't like to go into gossip. i have to ask you about reports. i love talking about cars and don't necessarily like talking about computers. some folks say you might be next ceo microsoft. is that true. >> i absolutely love serving ford. i have no change in my plans. jenna: maybe for now. tell us if you do. >> i look forward to see with you another new car. jenna: meantime i'm surprisessed jon is still on set. he is looking over to figure out how to get a test drive of the new ford mustang. thanks for bringing us that car. >> absolutely. jenna: jon, do you have something to ask? jon: cars are a lot sexier than computers. if i were him keep the job. >> the pony has been let out of the corral worldwide. jenna:
economy. we believe, like many that the economy could have slid into depression. jenna: do you think consumers come to you because of that? >> oh, my gosh. they're so proud of ford, not only did we invest in new cars and trucks they wanted value and did it our way and didn't take precious taxpayer money. jenna: you have a lot of respect in industry overall. i don't like to go into gossip. i have to ask you about reports. i love talking about cars and don't necessarily like talking about...
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economy, both striking ones. the gdp, the gross domestic product shot up 3.6% in the third quarter and a second report is showing the best private sector jobs growth all year. zain asher will join us had ffrw york in a minute. probably means the friday jobs market numbers will be very good. those numbers come out tomorrow. >>> the fight to close that wage gap heats up today, in just about two hours thousands of fast food workers are expected to protest in 100 cities across the country, from new york city to new orleans, to oakland, trying to pressure employers into paying a livable wage of $15 an hour. now they've got a powerful ally on their side, president obama. >> we know that we're going to have a greater and greater portion of our people in the service sector and we know that there are airport workers and fast food workers and nurse assistants and retail sales people who work their tails off and are still living at or barely above poverty. that's why it's well past the time to raise a minimum wage. >> but t
economy, both striking ones. the gdp, the gross domestic product shot up 3.6% in the third quarter and a second report is showing the best private sector jobs growth all year. zain asher will join us had ffrw york in a minute. probably means the friday jobs market numbers will be very good. those numbers come out tomorrow. >>> the fight to close that wage gap heats up today, in just about two hours thousands of fast food workers are expected to protest in 100 cities across the country,...
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martha: one of the things i find really interesting is the issue of jobs and the economy. now, we had a pretty good jobs number that came out this morning, and that is certainly news that the white house should feel good about. but over the past years, every poll we've looked at, you know, what's your most meaningful topic when you look at -- the economy and jobs. and be yet the president has constantly tried to pull everybody toward health care and convince them that also had a huge impact on the economy. i'm not sure people bought into fiñ way, and the president still continues to, you know, push this as the major issue over the others, it seems, tucker. >> well, it's manager he can control directly, and there's not, by the way, necessarily a direct connection between the job numbers and his popularity. take a rook at the black unemployment rate which has pretty much doubled under obama's first term and his support in that community is, obviously, really, really strong. so, you know, the truth is this is part of a much larger sort of plan that obama has to fix, from the
martha: one of the things i find really interesting is the issue of jobs and the economy. now, we had a pretty good jobs number that came out this morning, and that is certainly news that the white house should feel good about. but over the past years, every poll we've looked at, you know, what's your most meaningful topic when you look at -- the economy and jobs. and be yet the president has constantly tried to pull everybody toward health care and convince them that also had a huge impact on...
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Dec 5, 2013
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so, has the economy turned around corner? our cnn global economic analyst and time assistant editor, it's nice to see you. some signs looking good, right? let me say, in addition to today's gdp report, new home sales, they just posted their biggest increase in more than three decades. look at auto sales, expected to end the year at their strongest level since the start of the great recession, so how out of the woods are we now? >> well, these are hopeful signs, no doubt. the gdp figure is sort of a mixed one because the stronger number is down to a build-up in inventory. for a long time, businesses just weren't buying. they weren't stocking shelves. they were waiting for demand to pick up. now the shelves are empty. they have to get more inventory, so that has a knock-on effect in growth. i'm more interested in the home sales number. >> why? >> i think the housing market is really what most americans feel -- the majority of americans keep the majority of their wealth in housing. when you start to see growing numbers, this is
so, has the economy turned around corner? our cnn global economic analyst and time assistant editor, it's nice to see you. some signs looking good, right? let me say, in addition to today's gdp report, new home sales, they just posted their biggest increase in more than three decades. look at auto sales, expected to end the year at their strongest level since the start of the great recession, so how out of the woods are we now? >> well, these are hopeful signs, no doubt. the gdp figure is...
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Dec 4, 2013
12/13
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including a collapsing economy in 2007. he has had enormous problems. in the midst of that, he has by the country back up. we have increasing numbers of people employed and we have a functioning health care plan that is getting off the ground in terms of the launch. when we focus on all the problems, not to see what the president is actually a commission. it is easy to snap your fingers and have people look and not see what his other hand has been doing. unemployment is down, not all the way down, but it is getting there. basically, the economy is coming back. .e has done a remarkable job i can see things i would have had him do differently or talk more about or whatever. that overall we are in a much better position than we were when george bush left. twitteralthcare.gov's handle the white house has created tweeted this about half hour ago. 00 visits to healthcare.gov yesterday, site stable. what do you make of this? guest: sounds like progress to me. they are getting almost one million people a day coming in. between now and the first of the year, the
including a collapsing economy in 2007. he has had enormous problems. in the midst of that, he has by the country back up. we have increasing numbers of people employed and we have a functioning health care plan that is getting off the ground in terms of the launch. when we focus on all the problems, not to see what the president is actually a commission. it is easy to snap your fingers and have people look and not see what his other hand has been doing. unemployment is down, not all the way...